A majority stake in Inter Milan would be a big step towards this. Suning and Inter Milan are due to make an announcement in the eastern Chinese city of Nanjing on Monday, widely expected to confirm that Suning will buy a majority stake in the Italian soccer club. It also has ties with Spanish champions FC Barcelona, England's Liverpool FC and a stake in Chinese online content platform PPTV, with sporting content including the Chinese Super League as well as Euro 2016 starting later this month. Inter Milan's Geoffrey KondogbiaChinese retail giant Suning Commerce Group Co Ltd, set to tie up a deal for Italian soccer club Inter Milan, is already eyeing bigger ambitions: controlling a global sports empire stretching from soccer clubs to online broadcasting. Amid a wider push by China to increase its standing in the game, Suning's deal for the 2010 European champions is just the start.

Source: Standard Digital June 05, 2016 03:56 UTC